Loans and Grants
Pennsylvania State Grant
- Served in U.S. Military and were released under a condition other than dishonorable, bad conduct, uncharacterized, or other than honorable conditions, or are not a veteran now but will be by June 30th of the academic year for which aid is being requested.
- Be a bona fide domiciliary of Pennsylvania for a period of at least 12 months immediately preceding the date of application
- Be a graduate of an approved high school or have a Commonwealth
- Secondary School Diploma
- Be enrolled in a school approved by PHEAA for State Grant purposes
- Be enrolled in an approved program of study of at least two academic years in length
- Be enrolled as an undergraduate student on at least a half-time basis
- defined as at least six credits per semester (or the equivalent)
- Have successfully completed the minimum number of credits or clock
- hours commensurate with enrollment status for the last academic year
- during which State Grant aid was received
- Not be in default or have a claim of default pending on an educational
loan; also applies to programs where awards have been converted to
loans due to failure to meet all eligibility or service requirements and the loan is in a default status
How Much State Grant Aid is Available?
The State Grant maximum award amount levels may change each academic year. The exact amount you receive will depend on available funding, the other benefits, aid you are receiving, and the cost of the school you are attending.
How Do Veterans Apply for a Pennsylvania State Grant?
The FAFSA functions as the Pennsylvania State Grant application for all applicants and can be accessed online at PHEAA .org/FAFSA. A paper FAFSA is also available by calling the Federal Student Aid Information Center (FSAIC) toll-free at:
1.800.4. FED-AID (1.800.433.3243). A PDF version of the FAFSA will also be available for download on various Federal Student Aid websites such as: FederalStudentAid.ed.gov.
Not only will this FAFSA information be used for the Pennsylvania State Grant
Program, but it is also the application for most federal and college-based financial aid programs.
You must complete a FAFSA for each academic year in order to be considered for financial aid.
If you completed a FAFSA in the previous academic year, then you will automatically receive an electronic renewal reminder. The online renewal FAFSA will transfer basic information from
one year to the next. Filing the FAFSA each year is an important first step in the financial aid application process.
Federal Pell Grant
If you qualify for this federal (non-repayable) grant, you can receive aid depending upon your financial need. Students filing for Federal Pell Grant aid must complete the FAFSA, which can be accessed online at: PHEAA.org/FAFSA.
PERSIAN GULF VETERANS' BONUS PROGRAM
On April 24, 2006, Governor Edward Rendell signed House Bill 1820 into law as Act 29 of 2006. This Bill establishes the Persian Gulf Conflict Veterans’ Benefit Act. On November 7, 2006, Pennsylvania voters gave overwhelming approval to a ballot question to fund the program. The bond issue created a fund for the payment of compensation to, or on behalf of, eligible current and former members of the United States Armed Forces, a reserve component of the United States Armed Forces, or the Pennsylvania National Guard.
The deadline for submitting applications for the Persian Gulf Conflict Veterans’ Benefit Program is August 31, 2015.
Go to http://www.milvet.state.pa.us/DMVA/2564.htm for informational Digest, or pamphlet, which explains the program.
Go to http://www.milvet.state.pa.us/DMVA/2564.htm for the official, authorized regulation that governs the Persian Gulf Veterans Bonus Program.
2007-2008 Annual Report:
Go to: http://www.milvet.state.pa.us/DMVA/2564.htm
Keystone BEST Loan Program
Keystone BEST is Pennsylvania’s preferred loan program which includes both Stafford & PLUS Loans that are available to qualified students and parents. Stafford or PLUS?
A Stafford Loan is for undergraduate and graduate students. A PLUS Loan is for graduate and professional students, as well as parents of undergraduates. Both loans help to cover the cost of education that remains unpaid by other student aid. In order to apply for a Keystone BEST loan, you must be a Pennsylvania resident attending any school, or an out-of state
resident attending a Pennsylvania school. More information can be found at PHEAA.org.